Features Exclusive to the Traxpay Dynamic Financing Platform℠

Features Exclusive to the Traxpay Dynamic Financing Platform℠

AUGMENTED B2B PAYMENT DATA: Bulk invoice payments, discounts, deductions, and the limitations of interbank payment systems to carry adequate remittance information make receivables reconciliation a real problem — one that adds time, cost and risk. The information exists in the Buyer’s ERP system but only the bare minimum makes it to the Supplier. Funds that can’t be properly identified can’t be properly used. Because the Traxpay Dynamic Financing Platform℠ is based on the detailed invoice information in the Buyer’s ERP, we can combine that with data from financing or dynamic discounting activity.

CONDITIONAL PAYMENTS: An optional feature of the Traxpay Dynamic Financing Platform℠, Conditional Payments is a powerful tool. It enables payment of invoices, or financing of receivables, to be contingent upon an event, or an object such as a validated document. The parties agree the conditions, and the Traxpay Dynamic Financing Platform℠ ensures that B2B payments are only made once those conditions are met. The conditions can be simple, or complex and handled through smart contracts on the Ethereum Blockchain. This enables a new, future-proof level of service in B2B trade finance.

AUGMENTED B2B PAYMENT DATA: Bulk invoice payments, discounts, deductions, and the limitations of interbank payment systems to carry adequate remittance information make receivables reconciliation a real problem — one that adds time, cost and risk. The information exists in the Buyer’s ERP system but only the bare minimum makes it to the Supplier. Funds that can’t be properly identified can’t be properly used. Because the Traxpay Dynamic Financing Platform℠ is based on the detailed invoice information in the Buyer’s ERP, we can combine that with data from financing or dynamic discounting activity.

CONDITIONAL PAYMENTS: An optional feature of the Traxpay Dynamic Financing Platform℠, Conditional Payments is a powerful tool. It enables payment of invoices, or financing of receivables, to be contingent upon an event, or an object such as a validated document. The parties agree the conditions, and the Traxpay Dynamic Financing Platform℠ ensures that B2B payments are only made once those conditions are met. The conditions can be simple, or complex and handled through smart contracts on the Ethereum Blockchain. This enables a new, future-proof level of service in B2B trade finance.

AUGMENTED B2B PAYMENT DATA: Bulk invoice payments, discounts, deductions, and the limitations of interbank payment systems to carry adequate remittance information make receivables reconciliation a real problem — one that adds time, cost and risk. The information exists in the Buyer’s ERP system but only the bare minimum makes it to the Supplier. Funds that can’t be properly identified can’t be properly used. Because the Traxpay Dynamic Financing Platform℠ is based on the detailed invoice information in the Buyer’s ERP, we can combine that with data from financing or dynamic discounting activity.

CONDITIONAL PAYMENTS: An optional feature of the Traxpay Dynamic Financing Platform℠, Conditional Payments is a powerful tool. It enables payment of invoices, or financing of receivables, to be contingent upon an event, or an object such as a validated document. The parties agree the conditions, and the Traxpay Dynamic Financing Platform℠ ensures that B2B payments are only made once those conditions are met. The conditions can be simple, or complex and handled through smart contracts on the Ethereum Blockchain. This enables a new, future-proof level of service in B2B trade finance.